by Jeanine Vecchio | Aug 4, 2022 | Supply Chain
KEY POINTS Port congestion and longer container wait times are resulting in higher ocean shipping spot rates on some trade routes, price increases which ultimately flow through to the consumer. FBX Dry Baltic Index rates for the China/U.S. East Coast route are at...
by Jeanine Vecchio | Aug 4, 2022 | Post Consumer Resin, Resin Increase/Decrease
North American commodity resin markets were varied in June, with prices for two materials up, one down and two flat. PET bottle resin continued its incredible pricing surge in 2022 by jumping 13 cents in June. Prices for the material were up 6 cents in May and now are...
by Jeanine Vecchio | Aug 4, 2022 | Supply Chain
Shipping strains are on the mend, but a painful spell of weaker demand might be next. Rock guitarist Jack White, who extended his “Supply Chain Issues Tour” into October, might want to name his band’s next road trip after a different villain. That’s because supply...
by Jeanine Vecchio | Jul 5, 2022 | Supply Chain
Once considered a mortal sin in eCommerce, shipping delays are now part of the new norm. Supply chain crisis” has become a buzzword; even high schoolers mention it now. What factors have led to cargo ship delays in 2022 and what can your businesses do to adjust. Every...
by Jeanine Vecchio | Jul 5, 2022 | Resin Increase/Decrease
PE, PP, PVC, and ABS prices slump, while PS, PET, PC, and nylons 6 and 66 prices rise. Heading into June, the pricing trajectory for volume commodity resins was once again mixed. While prices of PE, PP, PVC, and ABS were trending downward, prices of PS, PET, PC and...
